tiprankstipranks
Trending News
More News >

International Graphite Advances Collie Micronising Facility with Positive FEED Study

Story Highlights
International Graphite Advances Collie Micronising Facility with Positive FEED Study

Confident Investing Starts Here:

An announcement from International Graphite Limited ( (AU:IG6) ) is now available.

International Graphite Limited has confirmed the financial viability of its planned Collie Micronising Facility in Australia through a Front End Engineering and Design (FEED) study. The study outlines the development of a 4 kt/y graphite micronising plant, with potential expansion to 7.5 kt/y, supported by government grants. The project is expected to significantly enhance the company’s position in the industrial graphite market, with a target operational date by the end of 2026. The facility is part of International Graphite’s strategy to control value-adding industrial processes and support its broader mine-to-market strategy.

More about International Graphite Limited

International Graphite Limited operates in the industrial graphite market, focusing on the production and processing of graphite products, including micronised graphite and battery anode materials. The company aims to develop markets and generate early cash flow to support its mine-to-market strategy, with a focus on downstream processing facilities.

YTD Price Performance: 2.00%

Average Trading Volume: 143,059

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$9.87M

See more insights into IG6 stock on TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App